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After Summit Agreement, Saudi Arabia’s Crown Prince Extends Saudi Hospitality to Visiting Qatari Emir
- January 6,2021
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- SUSTG Team
This week, Saudi Arabia and other GCC nations buried the hatchet with neighboring Qatar after a diplomatic standoff that lasted over three years. The two sides, working toward a fresh start in recent weeks, finalized the end of the feud at Tuesday’s 42nd GCC Summit in Saudi Arabia, reuniting to once again reinvigorate trade between […]
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Gulf Rift Ends after 42 Months; Qatari Emir Heads to GCC Summit as Skies, Borders Re-Open
- January 5,2021
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- SUSTG Team
Saudi Arabia and other GCC nations effectively ended their 42 month-long rift with neighboring Qatar on Monday, signaling a new era in Gulf political and economic relations and bringing to a close a long dispute begun in June 2017.
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Positive Economic Data Seen in Latest Saudi Chartbook for January 2021 – Jadwa Investment
- January 4,2021
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- SUSTG Team
A more optimistic Saudi private sector reacting to the start of the vaccine rollout in the Kingdom is is being credited for positive data seen for Saudi Arabia’s economy, Jadwa Investment says in its latest Charbook for the month of January 2021. Saudi Arabia’s non-oil PMI saw a significant monthly rise in November, the latest data available and reported […]
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Saudi-led Coalition Strikes Targets in Yemen after Aden Airport Attacked
- December 31,2020
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- SUSTG Team
Saudi-led coalition warplanes struck targets in Yemen’s Houthi-held capital Sanaa on Thursday in retaliation for attacks in the southern port city of Aden the previous day, including at the airport which killed at least 25, according to reports. The attacks at the Aden airport on Wednesday took place as officials in a government backed by […]
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Trump Administration Approves Nearly $300 Million in Bomb Sales to Saudi Arabia
- December 30,2020
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- SUSTG Team
The Trump Administration’s State Department has approved a possible the sale of nearly $300 million in GBU-39 Small Diameter Bomb I (SDB I) Munitions and related equipment to Saudi Arabia, the latest large U.S.-Saudi security deal to be approved in recent years. The principal contractor will be U.S.-based Boeing, St. Louis, MO.
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Saudi Arabia’s PIF Makes Two Moves in Security, Defense Space
- December 29,2020
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- SUSTG Team
Saudi Arabia’s Public Investment Fund (PIF) and its defense subsidiary SAMI announced separate moves in the defense and security space this week, according to reports. The PIF said Tuesday it had established a company to develop and expand the private security sector in the Kingdom, creating the National Security Services Co. (SAFE). SAFE will focus on […]
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October Data: Saudi Oil Exports Drop $5 Billion, Down Nearly One Third
- December 24,2020
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- SUSTG Team
Saudi Arabia’s oil exports in the month of October fell by 18.9 billion riyals ($5.04 billion), down by nearly a third, while non-oil exports fell by 0.3%, according to data obtained by Reuters.
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More Golf Stars Join List of Committed Players for Saudi International in February
- December 23,2020
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- SUSTG Team
More international golf stars have joined the growing list of players who have committed to playing in the Saudi International at Royal Greens Golf & Country Club, beginning February 4th 2021. Norwegian youngster Viktor Hovland and American Ryder Cup star Tony Finau are the latest top international stars to confirm their entry for the third edition […]
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Saudi Arabia’s Tourism Minister: Kingdom Needs to Inject $200 Billion into Industry — Report
- December 22,2020
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- SUSTG Team
Saudi Arabia’s tourism minister Ahmed Al-Khateeb dismissed naysayers of the Kingdom’s ambitious tourism plans, telling Arab News‘ Frank Kane in an exclusive interview that the Kingdom’s target of obtaining 100 million visits by 2030 is not overambitious with big investments in the industry.
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Saudi Arabia Joins Dozens of Nations in Blocking International Travel as Mutant Coronavirus Strain Alarms Authorities
- December 21,2020
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- SUSTG Team
Saudi Arabia suspended late on Sunday all international commercial flights for a renewable week except for the foreign flights already in the kingdom which will be allowed to leave, according to reports. The variant, detected in England, is up to 70 percent more transmissible than earlier versions, officials said. People in southeast England, where the […]
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MUST-READS
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The Kingdom of Saudi Arabia will participate for the first time in history of the Winter Olympics
The Kingdom of Saudi Arabia will be participating for the first time in history in the #WinterOlympics, Princess Reema bint Bandar confirmed on Twitter. China’s Xinhua news agency announced earlier in the day that Saudi Arabian alpine skiers Salman Al Howaish and Fayik Abdi had qualified to compete in the Beijing 2022 Winter Olympic Games.
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Saudi customs thwart attempt to smuggle 8.3 million Captagon pills
One set of over three million pills were discovered in a shipment of onions, Saudi customs said on Friday. They used dogs and other techniques in smelling the Captagon out. The other, nearly 5.3 million, pills were found in barrels made of silicone.
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Bahri to charter ammonia ships in deal with Saudi miner Ma’aden
"Bahri and Ma'aden will explore cooperation across various fields, including chartering cargo ships to transport ammonia gas, dry transport needs and other areas the two companies will agree to collaborate on in the future," the company added.
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Wego And Saudi Tourism Authority Form Strategic Partnership to Promote Tourism to Saudi
Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), and Saudi Tourism Authority (STA) have announced a strategic partnership to inspire Middle East holidaymakers to visit Saudi after more than a year of hiatus.
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Saudi FM says he looks forward to consolidating partnership with China
Prince Faisal bin Farhan said he held an intensive meeting with his Chinese counterpart Wang Yi during which the two officials discussed strengthening the strategic relationship between their countries.
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US’s Lockheed Martin, KFUPM partner to upskill Saudi youth
US-based aerospace company Lockheed Martin is partnering with King Fahd University of Petroleum & Minerals, or KFUPM, on Science, Technology, Engineering, and Mathematics, or STEM, initiatives to upskill Saudi youth. Both parties aim to increase the number of highly skilled Saudi scientists and engineers, the company said in a statement.
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Saudi start-up Foodics acquires Jordan’s POSRocket
Saudi technology start-up Foodics that serves the retail and food and beverage industries acquired Jordan's POSRocket, the second largest restaurant cloud services provider in the Middle East and North Africa.
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Why the World Needs Partnership with Saudi Arabia: Saudi Arabia’s Global Humanitarian and Development Aid
This paper will shed light on the Official Development Assistance (ODA) provided by the Kingdom of Saudi Arabia (KSA) to developing countries worldwide. The KSA has contributed significantly to the well-being of many developing countries. However, for quite some time, such valuable assistance was not publicized enough in the media nor reflected in international aid platforms.
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European players permitted to take part in Saudi International
By Monday’s deadline, between 30 and 40 members of the tour had requested releases to play in the Asian Tour-run event near Jeddah, from February 3rd. It is sponsored by the Saudi public investment fund and carries huge appearance fees.
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Tata Communications, Zain partner for smart city projects in Saudi Arabia
Tata Communications IoT ecosystem will serve as one-stop-shop to provide the hardware, platform, application and insights while Zain KSA will expand the footprint with its business-to-business (B2B) offerings through joint projects related to software-defined wide area network (SD-WAN) and global contact centers, as well as the application of smart transport and Internet of Things (IoT) solutions enabling smart waste handling, smart metering and other smart city use cases.
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